Economic growth withstood inflation, high interest rates and other challenges in 2024 and should continue to show strength in 2025, according to the National Retail Federation’s (NRF) Chief Economist Jack Kleinhenz. “The U.S. economy ended 2024 on a high note and the outlook look...
The Sour Patch Kids brand is “lighting up the candy aisle” with its latest innovation: Sour Patch Kids Strawberry-Watermelon Glow Ups, the first-ever gummy candy that glows under blacklight, said Mondelēz, which produces the candy. “Coated with edible confetti that glows, these s...
Interface Systems, provider of security, insights and purpose-built networks for multi-location businesses, has identified key security and technology trends that will shape retail and restaurant security in 2025. “As threats evolve and technology accelerates, Interface anticipat...
Starbucks’ Pumpkin Spice Latte turns 20 this season. As of last year, the coffee chain has sold over 600 million of the seasonal beverage since 2003, according to CNN. The fall flavor is now available at Starbucks, but some argue that the cozy coffee craze is on its way out. Mark...
ALEXANDRIA, Va.—Nearly 1 in 5 prime-age workers (aged 25 to 54) say they plan to leave their job within a year, and 26% say that only plan to stay at their job for one to two years, reports the Wall Street Journal. The historical average for job duration is four years. Of those w...
Employers created 227,000 jobs in November, an improvement from a weaker report in October, a month marked by hurricanes and strikes, reported The Washington Post. The unemployment rate ticked up to 4.2%, from 4.1% in October. The share of people age 25 to 54 who were working or ...
TORONTO—A cashierless convenience store has opened in Toronto, according to Daily Hive. Aisle 24 is a completely unmanned convenience store open 24 hours a day. In order to shop, customers must download the Aisle 24 app and register for an account to gain access to the store. The...
Retailers across the country face budgeting changes as 25 states are raising their minimum wage in 2024, reported USA Today. On January 1, 22 states implemented their increased wages while three others are expected to implement their raise throughout the year. The federal minimum...
This article is brought to you by Invenco. ALEXANDRIA, Va.—It’s been a year since convenience retailers were required to update their fuel pumps to accept chip card transactions to prevent fraud. The deadline to upgrade was April 17, 2021, and the conversation surrounding EMV com...
About two million baked goods, including some donuts and coffee rolls sold at Dunkin’, were recalled over concerns of potential contamination with the bacteria Listeria monocytogenes, reported the New York Times earlier this week. “The recalled products include a mix of chocolate...
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